BluSmart Mobility

Meet an Unreasonable Venture

Building India's first all-electric ride-hailing platform

Punit Goyal

Cofounder at BluSmart Mobility

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blu-smart.com

Employees 501+

Headquarters Gurugram, Haryana, India

BluSmart Mobility is building India's first all-electric ride-hailing service. Plagued by massive surge pricing, sub-standard cars, safety concerns, and increased waiting times, ride-hailing in India has become cumbersome for drivers and customers. Overworked drivers often must own their vehicles and frequently hop between platforms in search of a higher-paying rider. Frustrated customers experience unexpected price surges and unreliable service.

BluSmart Mobility disrupts this traditional ride-hailing model by offering 3,200 EVs—the largest EV fleet in India—alongside an ever-growing charging infrastructure. The company offers drivers a finance-free, flexible working model and gives customers market-leading customer service, including freedom from surge pricing and ride denials.

BluSmart has grown tremendously and plans to expand its fleet and charging infrastructure, enabling the company to reach profitability.

Energy & Environment

Notable Achievements

Raised over $130 million in venture capital since launch. Investors include BP Ventures, Mayfield, Panthera Capital, and Green Frontier Capi
Created inclusive and equitable economic opportunities for 5,500 drivers across Delhi NCR and Bangalore.
Named one of LinkedIn's Top Startups in both 2021 and 2022

Currently Operating in One Region

Press Mentions

July 16, 2024

BluSmart Secures Funding To Scale Electric Ride-Hailing And Charging Network

BluSmart, an electric ride-hailing company, secures funding to expand its electric vehicle fleet and charging network. The investment aims to support sustainable transportation options, reduce...

Read on EMobility+ »

May 24, 2024

BluSmart raises $25 million in pre-Series B funding for ride-hailing services

BluSmart, an Indian EV company, secures $24-25 million in pre-Series B funding for its ride-hailing services. The funding round highlights investor confidence in BluSmart's sustainable mobility...

Read on Maxaldo »

May 23, 2024

Indian EV company BluSmart raising $24 Mn from Existing Investors

Indian electric vehicle company Blusmart is set to raise $24 million from existing investors. The funding will support their mission to provide sustainable transportation solutions. This news...

Read on Geospatial World »

May 1, 2024

BluSmart Crosses INR 500 Cr ARR In FY24, Eyes 10,000 EV Fleet By 2024-End

BluSmart, an electric ride-hailing service, reports a revenue of Rs 390 crore in FY24. The company's success is attributed to its eco-friendly approach, offering a sustainable transportation...

Read on StartupNews.fyi »

May 1, 2024

BluSmart hits $60M in annual run rate in FY24, up from $30M

BluSmart, an electric ride-hailing service, reports a revenue of Rs 390 crore in FY24. The company's success is attributed to its eco-friendly approach, offering a sustainable transportation...

Read on YourStory »